American Athletic Conference

Analysis

American Athletic Conference is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in February 1980, 46 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, American Athletic Conference reported income of $123.4m and spending of $121.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $73.2m to $123.4m (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 95%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Athletic Conference sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Center for Internet Security Inc ($123.0m), Oak Ridge Associated Universities Inc ($123.9m) and The Providence Community Health Centers Inc ($122.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $3.1m (2.6% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $106.5m against liabilities of $4.7m, net assets of $101.8m. It reported 32 employees.